Renewable Energy Stocks Sector Close-Up on Solar Stocks; Solar Stocks on the Run
Raised Targets, Japan Reinstating Solar Subsidies and Technical Trading Incite Run.
Point Roberts, WA, June 26, 2008 --(PR.com)-- RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on solar stocks with commentary from solar expert J. Peter Lynch, Adam Krop, Vice President-Equity Research at Ardour Capital Investments and Robert Wilder, Manager of the WilderHill Clean Energy Index.
Solar stocks were given a boost as Lehman Brothers raised targets on Evergreen Solar Inc. and First Solar Inc. First Solar was up $19.78 (7.37%) on the day following Lehman’s analyst, Vishal Shah, increasing his price target to $335 from $280.
Renewable Energy Stocks solar expert, J. Peter Lynch, commented, “Solar stocks are beginning to come back from their recent correction. About half of the stocks I follow have broken above their 50- day moving averages. If the tax credits get extended the whole sector will run up, but it will require a close eye and the ability to exit quickly if the extension fails.”
According to Adam Krop, Vice President-Equity Research at Ardour Capital Investments, LLC, “In addition to Lehman upgrade, solar stocks are moving higher on chatter that Japan may be on the verge of reinstating solar subsidies to make up for lost market share in the past two and a half years.”
The Ardour Solar Energy Index a compilation of global solar energy stocks in three primary solar energy sectors: Photovoltaics, Solar Thermal, and Solar Lighting was up $9.20 at the close.
Sector Close-Up as of Trading June 23, 2008:
For full news release and sector close-up please visit the Investorideas.com website and follow the links to news releases.
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
Coming soon to Investorideas.com - InvestorIdeas.com Green Investor:
Follow well-known financial columnist Michael Brush, who also writes the Insiders Corner for Investorideas.com, in a series of interviews with some of the leading CEOs, investment banking and financial leaders in the sector.
Featured Showcase Solar Company: Clear Skies Solar, Inc. More info can be found on the Investorideas.com Company Showcase
Featured Showcase Solar Company XsunX: More info on XsunX, Inc. can be found on the InvestorIdeas.com media profile.
About Our Green Investor Portals:
RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Disclaimer: InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com
Source: RenewableEnergyStocks.com, WilderHill Clean Energy Index ,XsunX, Clear Skies Solar
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Solar stocks were given a boost as Lehman Brothers raised targets on Evergreen Solar Inc. and First Solar Inc. First Solar was up $19.78 (7.37%) on the day following Lehman’s analyst, Vishal Shah, increasing his price target to $335 from $280.
Renewable Energy Stocks solar expert, J. Peter Lynch, commented, “Solar stocks are beginning to come back from their recent correction. About half of the stocks I follow have broken above their 50- day moving averages. If the tax credits get extended the whole sector will run up, but it will require a close eye and the ability to exit quickly if the extension fails.”
According to Adam Krop, Vice President-Equity Research at Ardour Capital Investments, LLC, “In addition to Lehman upgrade, solar stocks are moving higher on chatter that Japan may be on the verge of reinstating solar subsidies to make up for lost market share in the past two and a half years.”
The Ardour Solar Energy Index a compilation of global solar energy stocks in three primary solar energy sectors: Photovoltaics, Solar Thermal, and Solar Lighting was up $9.20 at the close.
Sector Close-Up as of Trading June 23, 2008:
For full news release and sector close-up please visit the Investorideas.com website and follow the links to news releases.
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
Coming soon to Investorideas.com - InvestorIdeas.com Green Investor:
Follow well-known financial columnist Michael Brush, who also writes the Insiders Corner for Investorideas.com, in a series of interviews with some of the leading CEOs, investment banking and financial leaders in the sector.
Featured Showcase Solar Company: Clear Skies Solar, Inc. More info can be found on the Investorideas.com Company Showcase
Featured Showcase Solar Company XsunX: More info on XsunX, Inc. can be found on the InvestorIdeas.com media profile.
About Our Green Investor Portals:
RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Disclaimer: InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com
Source: RenewableEnergyStocks.com, WilderHill Clean Energy Index ,XsunX, Clear Skies Solar
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Contact
RenewableEnergyStocks.com
Dawn Van Zant
800-665-0411
www.renewableenergystocks.com
Dawn Van Zant
800-665-0411
www.renewableenergystocks.com
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